If your doing anything close to this tye property better be a 100% home run .Otherwise, we didn't do a portfolio loan until we had 5 houses and supporting tax returns and did everything cash up until then. i wouldn't do it until you have some track record before jumping into leverage and a heloc is made to use and pay off quickly.

Between questionable long term water supply and a heated market cooling off and rents dropping at a macro level, it is hard to want to buy something, 

I pay off my credit cards, and save like crazy for the next down payments.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Then, when we look at Atlanta and Charlotte we see a good amount of supply because of the footprint of large institutiional buyers (i.e. invitation homes).That leaves the midwest (OH, IN, MO), TN, and the one off markets like Tucson and Albuquerque.

There is no way to refute afterwards, this is the best way to revert it, of course unless you are wrong about the footage and the footage reported is accurate.99.99% of the time the inaccurate information is due to a lazy appraiser gathering that information off of some old public information.

My in laws lost their entire retirement savings because their underwriting was too aggressive and they bought several properties most of which ended up with negative cash flow.I am not against refinancing or using a HELOC to buy a property, but The market right now is a property will give you close to zero cash flow (80% down) then you’ll need to come up with another $750 a month to pay down the HELOC and come up with probably another 5-10k in reserves in case the furnace breaks or tenants trash your house or…   Without knowing your financially situation, You are probably better off getting a second job for a year or two to save up for a downpayment then using a Heloc.

When it closes not only will I be able to pay the HM loan off but I would also plan to pay the personal loan off and still walk away with a decent profit.

Many of these agents will pitch you to list the property with them, but kindly let them know that you want to sell off-market and ask if they have any interested buyers.

Once your property is paid off it will cash flow and the appreciation will grow faster than the short term cash flow.